Analysis of solvency and loss of asset value in publicly traded shipping firms

• Main Author: Thinh, Vo Quoc
• Other Authors: Okan Duru
• Format: Final Year Project
• Language: English
• Published: 2018
• Subjects: DRNTU::Science
• Online Access: http://hdl.handle.net/10356/75134
• Institution: Nanyang Technological University

There was a significant amount of available cash at low interest rates during the economic boom period. In fact, investors, banks and shipping companies pumped hundreds of billions into the shipping business with the hope of yielding a high return in 2006 and 2007. Subsequently, many shipping com...